Why Inflation Is Sticker Than Expected

On the bearish side, valuation is full, inflation has been relatively stubborn, notes Nathan Peterson. He and Cooper Howard look ahead to next week's Fed meeting. Nathan mentions that earnings have been better-than-expected. They talk about if the Fed will "hike and hold" in 2023. They highlight earnings from Norwegian Cruise Line (MCLH), ON Semiconductor (ON), Check Point Software (CHKP), SoFi (SOFI), and Global Payments (GPN). They go over why inflation is stickier than expected. Tune in to find out more about the stock market today.